Discuss on the advantages, specific pattern and countermeasures of Shandong-Korea sub-region cooperation

Sub-region cooperation is necessary based on the condition that china-Japan-Korea free trade area has not been established. Shandong has common interests with Korea in economic and trade cooperation and it has been equipped with prominent external environment and industrial advantages in sub-region cooperation. The article discusses the advantages, the specific patterns, the cooperation contents and the matched government measures of sub-region cooperation between Shandong and Korea, with the purpose of modifying the relevant policies launched by government. In the later period of global financial crisis, world economy is facing a wide range of changes and adjustments. The idea of forming the free trade area among china, Japan and Korea is difficult to achieve temporarily. The economic and trade cooperation between China and Japan was involved in a downturn. It is urgent to encourage and promote the sub-region cooperation between Korea and Shandong, so as to create a new economic growth point for both economic developments.